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Affirming the development of AI in the region, a report launched by PwC previously this month stated that the usage of AI amongst the workforce in the Middle East continues to increase, with 75 percent of employees in the area using it in their jobs over the previous 12 months.
In November, a report launched by KPMG highlighted Saudi Arabia's development in the innovation sector and said that 84 percent of CEOs in the country are all set to release AI properly, well above the 76 percent worldwide criteria, supported by the Kingdom's data governance community, including nationwide efforts led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are thinking holistically about how to make the region attractive, including having more practical laws to enable experimentation and development," stated the report.
A Strategic Guide to GCC Industrial Success in 2026Leading service leaders, policymakers and financiers from the GCC and Latin America recently checked out how nations from the two areas can grow trade in between each other in Dubai, UAE.More than 500 local and worldwide policymakers, presidents, CEOs, magnate, financiers, and industry professionals attended the very first Global Service Forum Latin America held at the Atlantis Palm - Dubai.
In 2015 the GCC comprised of the UAE, Bahrain, Kuwait, Oman, Qatar and Saudi Arabia, imported $11 billion worth of products from Latin America. And exports to Latin America from the area were $5.6 billion, a statement from organisers stated. Both regions rely on each other for vital items.
In 2015 Latin America supplied nearly half the meat imports into the GCC and 36 percent of the region's total sugar imports, it included. Brazil is without a doubt the biggest trading partner for nations in the area, followed by Argentina and Mexico. Among the Latin American states, the GCC depends on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for lorries and Chile for wood products, stated a statement.
The online forum was organised by the Dubai Chamber of Commerce under the style "Shifting Synergies", checks out how organizations can benefit from the changing patterns of international demand and what role Dubai can play in assisting in the next step in organization relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but globally too, by serving as an information and research centre, by offering business documents, providing legal services, helping with networking chances through signature business occasions and delivering almost every possible business solution, it specified.
GCC growth will enhance in 2026, led by faster expansion in hydrocarbons; non-oil development will remain strong but slow a little. Non-oil activity will be supported by population development, new industries, and public investment; inflation will remain soft, while monetary policy will loosen up. Hydrocarbons sector development will accelerate, balancing out in part lower oil costs; financial balances will be combined, with surpluses in UAE and Qatar, however deficits persist in other places.
SHARJAH (WAM) The GCC and broader Middle East area is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies drawing in funds and skill, said magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel discussion on the very first day of SEF 2026 examining "What Does the Next Year of Equity Capital Look Like", speakers agreed that the emerging local investment landscape appears promising.
GCC Business News and Strategic PlanningReacting to a question on regional startups' prospects of taking advantage of recent investments in digital infrastructure, Tala Al Jabri, Creator and Managing Partner of Wyld VC said: "We have a lot going for us in the area: the low cost of energy, a really progressive federal government that is ahead in policy, guideline and information personal privacy; and really strong academic institutions that are progressively looking at AI and turning out technical skill in AI."She added: "Our ultimate goal is to see this area, particularly the GCC, become an AI superpower.
Our most significant chauffeur right now is investing in skill, because in the AI race, it's the technical skill that really wins.
"International growth funds are being available in, which reveals clear indications of maturity of the environment The ability of the UAE and local governments to draw in talent; their innovation-first method, abundance of capital here in addition to inflow internationally are the essential structure blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the number of deals with the greatest worths, with 250 "largest ticket size" offers recorded in 2025 in the nation.
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